Lean thinking has been gaining a lot of traction in recent years as organizations have begun to recognize the importance of reducing waste and becoming more efficient. The International Electrotechnical Commission (IEC) and the Institute of Electrical and Electronics Engineers (IEEE) have teamed up to launch the IEC–IEEE Challenge, which encourages businesses to use Lean Thinking in order to reach their goals. Lean thinking is a philosophy of doing business that focuses on eliminating waste and making processes as efficient as possible. It is based on the idea that any process can be improved and streamlined by focusing on what adds value to the customer. Lean thinking involves analyzing a process from start to finish, looking for ways to reduce costs, increase efficiency, and eliminate any non–value–added activities. The IEC–IEEE Challenge is a global competition that encourages organizations to apply Lean Thinking to their processes. The competition challenges participants to identify and implement solutions that reduce waste, increase efficiency, and improve customer satisfaction. The competition is divided into five categories: Energy, Manufacturing, Services, Supply Chain, and Lean. Participants receive points for each successful solution they implement. The top three teams are awarded prizes and recognition.